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Dassault Systemes Invests $6 Million in Invention Machine Corporation

Strategic Insights

— 1 min read

Dassault Systemes, a worldwide leader in the CAD/CAM/CAE/PDM II market, has announced a $6 million investment in Boston-based Invention Machine Corporation, a leading provider of Knowledge-based Innovation software. The partnership between the two companies aims to provide customers with a unique set of Knowledge-based Innovation tools, leveraging knowledge across multiple engineering and scientific disciplines to generate innovative concepts. This new collaboration is a strategic move to support the growing trend of companies shifting their competitive imperative from "time-to-market" to "right-to-market" strategy, focusing on front-loaded technologies that uncover new design ideas and alternatives.

Key Takeaways:

  • Dassault Systemes invests $6 million in Invention Machine Corporation, a leading provider of Knowledge-based Innovation software.
  • The partnership aims to provide customers with a unique set of Knowledge-based Innovation tools, leveraging knowledge across multiple engineering and scientific disciplines.
  • The collaboration supports the growing trend of companies shifting their competitive imperative from "time-to-market" to "right-to-market" strategy.
  • Invention Machine's signature product, TechOptimizer(tm) 3.0, enables engineers to speed the development of new products and processes, avoid expensive trial-and-error techniques, and create high-quality engineering solutions.
  • The partnership is a logical step forward to integrate product development and knowledge management for mutual customers.
  • Honda plans to implement Digital Manufacturing Circle (DMC) with CATIA and expand to address knowledge management and innovation support tools around a future integration of CATIA and TechOptimizer.

Statistics:

  • Dassault Systemes' investment: $6 million
  • Total number of CATIA-CADAM customers: over 13,000
  • Total number of SolidWorks customers: over 9,500
  • Number of leading Japanese companies belonging to the Invention Machine Corporation and Mitsubishi Research Institute (MRI) consortium: over 35

Sources:

  • "Press Release: Invention Machine Corporation Becomes a Strategic Dassault Systemes Partner" ( BUSINESS WIRE, Feb. 8, 1999)
  • Dassault Systemes S.A. website (http://www.dsweb.com)
  • Invention Machine Corporation website (http://www.invention-machine.com)

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